Managers
Preqin’s latest survey of hedge fund investors finds that the proportion of institutions that feel their hedge fund portfolios have met or exceeded their performance expectations has doubled in the past 12 months.
In June 2016, just 21 per cent of investors reported that their portfolios had reached expectations, but this has risen to 45 per cent as of June 2017. More than half of investors now have a positive or neutral view of the industry, and a third expect performance to improve over the next 12 months. However, investor concerns have not entirely subsided: more than a third have
Paris based Powernext SA, the Austrian Central European Gas Hub AG (CEGH) and Power Exchange Central Europe (PXE) have finalised their plans for the launch of the PEGAS CEGH Czech Gas Market.
All spot products and futures contracts currently available on the PXE gas market will be opened on PEGAS on the 8th December 2017. 

PEGAS CEGH Gas Exchange Services, the joint venture established by Powernext and CEGH in 2016, will be responsible for the marketing and development of the PEGAS CEGH CZ products, in cooperation with PXE. All former products of the PXE gas market will be listed under
The European Energy Exchange (EEX) is planning to launch a liquid milk future in the first half of 2018, subject to the approval of the Exchange Council.
EEX will be the first European exchange to offer a liquid milk product for trading. The contract size will be 25,000 kgs and the future will be settled financially against a liquid milk index which is currently being developed by EEX.
“Generally liquid milk can already be hedged synthetically at EEX by trading butter and skimmed milk powder contracts. With the introduction of liquid milk futures we will offer an additional direct
Protos Cryptocurrency Asset Management is planning to hold an Initial Coin Offering (ICO) to raise capital for a data-driven crypto hedge fund that will invest solely in cryptocurrencies and tokens.
Protos tokens will be a security issued under the exemption from registration with the US Securities and Exchange Commission pursuant to Regulation D.
The founders of Protos – Matthew Shaw (pictured), Philipp Kallerhoff, and Thomas Kineshanko – have significant experience in the funds and cryptocurrency space. They have over a decade of combined experience investing in cryptocurrencies, have managed funds of over USD1 billion and Protos will be their third
Man Group has become a signatory to the United Nations-supported Principles for Responsible Investment (PRI). Two of Man Group’s investment businesses, discretionary manager Man GLG and systematic equity manager Man Numeric, have been signatories to the PRI since 2012 and 2014, respectively.
The firm is now elevating its commitment to the Man Group level, implementing the Principles across its five investment businesses – Man AHL, Man Numeric, Man GLG, Man FRM and Man Global Private Markets – that collectively manage USD95.9 billion in client assets.
Man Group takes a diversified approach to responsible investment across its investment businesses,
QuantHouse, an independent global provider of end-to-end market data and trading through API based technologies, is to acquire high-speed network provider Victory Networks inc.
Victory Networks designs, implements, and manages high-speed networks for bulge-bracket banks, boutique financial firms, and hedge funds across the United States. The acquisition of these assets will expand QuantHouse’s market share and coverage in the US by adding many hedge fund clients and business partners.
Pierre Feligioni (pictured), Company Co-Founder and CEO, QuantHouse, says: “Throughout the integration process, both QuantHouse and Victory Networks have worked extremely well together. Indeed, we believe that it is the
Hedge funds were up 5.12 per cent year-to-date, at the end of August registering performance-based gains of USD58.5 billion while seeing net asset inflows of USD81.9 billion as of 2017 year-to-date.
That’s according to the latest Eurekahedge monthly report which reveals that total hedge fund assets grew by USD140.45 billion over the past eight months with the industry’s total assets currently standing at USD2.37 trillion.
In what is turning out to be the best year in terms of investor allocations since 2013, arbitrage, long/short equities and CTA/managed future strategies led in terms of net flows attracting with USD14.6 billion,
Alternative investment company Steben & Co has published a white paper on timing an allocation to managed futures.
The firm asks if the asset class has reached a cyclical low. The results of their research show that recent managed futures risk-adjusted performance (with a -1.99 rolling 12-month Sharpe ratio for the Barclay CTA Index as of June 30, 2017) is at its lowest point ever.
The study also finds evidence of historical mean reversion in 12-month Sharpe ratios. The study found a persistent pattern of mean reversion in 12-month Sharpe ratios in all the managed futures benchmarks Steben looked at
Hedge fund liquidations declined in Q2 2017 as new investor inflows increased total hedge fund industry capital to a record USD3.1 trillion through mid-year, according to the latest HFR Market Microstructure Report.
The number of liquidations fell to 222 in Q2 2017, representing a decline from the prior quarter total of 259, as well as a narrow year-over-year decline from the 239 liquidations in Q2 2016.
Meanwhile, hedge fund launches were steady in Q2 2017, with 180 new funds opening as inflows resumed and total industry capital reached a record. The number of Q2 2017 launches was slightly below
Hedge fund incubator and accelerator Emergence, and NewAlpha Asset Management, the SICAV’s delegated manager, have selected VIA AM as the first investment for Emergence’s new European equities fund.
Launched in June 2017 with a target of EUR300 million, the fund is now closed to subscriptions.
Emergence will put EUR50 million into the fund VIA Smart Equity Europe, the biggest investment made by Emergence since its inception in 2012. The VIA Smart Equity fund was launched in March 2016 and targets long-term outperformance of the MSCI Europe, net dividends reinvested, with a similar risk profile. This injection will take the
